Property Management Errors & Omissions Coverage
from MrLandlordInsurance.com
powered by National Real Estate Insurance Group

Professional Liability coverage for self-managed investment properties

If you are a real estate investor who self-manages your properties, Property Management Errors & Omissions coverage can assist in situations where a tenant alleges that the property manager was negligent or failed to perform duties as promised in the lease.

Coverage includes:
  • $1,000,000 limit of liability for exposures on the residence premises due to property management activities not covered by premises liability
  • $25,000 sublimit for tenant discrimination (this coverage can apply to Fair Housing Laws)
  • Legal defense costs (including attorney fees, settlements, court costs, etc.) within your coverage limit
  • Coverage may extend to errors and contract performance disputes
This policy is subject to a $2,000 deductible.

This coverage can be easily added to your property and liability insurance package for properties you self-manage.

Please be aware that this coverage is offered through program participation. All program participants will share an aggregate limit of $5 million per policy period (one year).

What activities are considered Property Management?

Setting rent rates and collecting rent
Advertising vacancies, screening and placing tenants
Paying bills and managing budgets
Property
maintenance
Resolving tenant complaints and enforcing lease requirements
Where is coverage available?

Coverage is available in the 43 states highlighted in green.
Insure with confidence
Ease of Use
Insure all of your self-managed properties on one monthly report
Monthly Payments
Set up auto pay and pay for coverage monthly as-you-go
Trusted Carriers 
All coverages are underwritten by AM Best “A” rated or better carriers

Check out these other products from MrLandlordInsurance.com
Rental Property Insurance
Comprehensive property and premises liability package for your investment properties
Click here
Tenant Protector Plan
Our alternative to renter's insurance provides additional protection for you and your tenant
Click here
Questions?
Call 800-950-2250
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